Miscellaneous (Blockchain, Books, Instagram)

Return to Naval Ravikant Periscope #2 Syllabus
What’s your opinion of Tether? 2:57

I don’t really have an opinion of Tether, I hope it’s real and not a scam.

Why are tokens inseparable from a blockchain? 3:06

Well, a public blockchain what it’s basically doing is assembling resources from anonymous distributed actors all over the world, and it’s basically making sure those resources are being provided and people can consume those resources. So it’s a governance network for distributed resources and somebody has to keep track of who’s providing the resources, who’s doing the work, and who’s consuming the resources… and so when you do that you essentially have a ledger entry of credits and debits and that automatically creates a currency. So in my mind, public blockchains do involve currencies. I’m sure there are exceptions but they’re probably very pathological.

Fictional book recommendations? 8:00

It’s hard to say. I stopped reading fiction awhile back… about five years ago. Part of it was just the awareness that once you’ve read a lot you kind of get bored very easily, and you’re jumping around a lot. I like facts, I like actionable stuff, and I find fictional narratives are trying to make a point, and they have data information in there but it’s just really slow for me… so I like to go faster and so the fiction that I did end up reading most recently (which I don’t read much anymore) is sci-fi because sci-fi has lots of “what could happen” in science. The last fiction book [I read], I mean there’s a lot of fiction books that I did read obviously back in the day… I still recommend Snow Crash if anybody here is into sci-fi at all snow crash it is an incredible cyberpunk novel written probably 20 years ago now… still incredibly forward-looking, in some ways, it predicted cryptocurrencies, predicted virtual reality, predicted parts of the Internet… amazing book had a huge influence on me now it may not speak to you anymore it’s 20 years later you’re you’re probably younger than me.

So the right book at the right time will speak to you in a way the right book at the wrong time just won’t. In fact, the same book picked up 20 years later can have a huge impact that’s how [the author] Krishnamurti was for me. I read him in my 20s didn’t make sense, I read in my late 30s changed my life… so you know sometimes you’re just not ready for the book or the book is a conversation between the reader and the author and just one party isn’t ready.

What’s your IQ? 21:40

I have no idea.

Why are you not active on Instagram? 23:34

Because I want to talk to smart people and I want to learn things and Instagram is far more about image and appearance. It’s a social network for people, who are, I think pretty image driven. I’m very word driven.

What is a belief that you have that very few people would agree with you on? 38:59

Well, I don’t like to communicate those kinds of beliefs because I think that things should be reasoned independently and logically… otherwise I’m just conveying my experience or feelings to you, and what value does that have? Then you’re gonna take that on authority. So if I can’t reasonably back it up then I’m not gonna explain it, I’d like to not say it. So I like to think that anything that I’ve reasoned through that people would agree with me on.

What’s the white thing in your hand? 40:18

The white thing I have in my hand is the AirPod case and just fiddling with it.


2 Curated Resources

Snow Crash

, Book

A cyberpunk novel recommended by Naval Ravikant. It was written almost 20 years ago but predicted a lot of today’s technology in different ways.

Books by an author who didn’t affect Naval in his 20s, but changed his life in his 30s.